Yelp Can Still Eat Out on These Results

By

Dan Gallagher

July 31, 2014 2:03 p.m. ET

Any user of Yelp knows the experience of being flummoxed by a mixed review. The company's investors just got a taste of the same.

By most measures, Yelp posted strong second-quarter figures Wednesday. Revenue jumped 61% year over year, beating Wall Street's forecasts, and the company raised its full-year outlook. In reporting its first quarterly earnings as a public company, Yelp also showed local ad revenue per account reached its...